IJR News — today's news from every side

IJR News — today's news from every side

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JPMorgan Ends Lending After AI Fund Loses 67% — Sep 11, 2026JPMorgan ended its lending relationship with Situational Awareness, the AI-focused hedge fund founded by Leopold Aschenbrenner, after the fund suffered a 67% drop in July and faced a margin call that led to liquidating much of its public equity; other major banks remain lenders, illustrating a cautious stance by prime brokers toward highly leveraged AI-related bets. The move follows the fund’s heavy exposure to AI and semiconductor equities and underscores the risks of borrowed funding in concentrated, technology-focused strategies.